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707 38th Avenue, Cape Coral
Pending
1 / 49

NW CAPE · 33993 · Canal

707 38th Avenue

Cape Coral, FL 33993

Pending at $1,000,000
Pending Zone AE

$432 / sq ft · 42 days on market

This home is under contract (sale pending) since Aug 31, 2026. A pending sale can still fall through, so it is worth asking — we can also set you an alert if it comes back. See homes for sale now →

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  • 3 Beds
  • 3 Baths
  • 2,314 Sq ft
  • 2025 Built
  • 0.23 ac Lot

How this home is priced

List price $1,000,000, measured against the last 120 days of new-construction closings in Cape Coral — comparable new builds are closing in about 108 days.

$432

Per sq ft

Sold median $233

+150.0%

vs median sold

$400K median

108 days

Median days to close

New construction

99.1%

Sold-to-list

Typical negotiation

Builder & community

Builder
Community
CAPE CORAL
Subdivision
CAPE CORAL
MLS status
Pending
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Utilities & assessments

Cape Coral's Utilities Extension Project converts well-and-septic streets to city water; the assessment follows the property.

Water
Well
Sewer
Septic Tank
Utility assessment
Possible in future

Possible future utility assessment. This street is on well and septic today. A future UEP assessment (often $12,000+) may be levied when city utilities arrive; ask the builder whether it is included.

Source: MLS. Verify current and future utility assessment status with the City of Cape Coral and the seller.

Flood zone Zone AE

1% annual-chance flood zone. New construction is built to current base-flood elevation, which is why new homes here often insure for a fraction of older ones. Read the flood-zone guide.

About this home

Live your Florida waterfront dream in this custom-built, Gulf-access pool and spa home on the Fishingrod Canal, offering boaters a quick ride to Matlacha Pass. Thoughtfully designed with quality finishes throughout in this 3-bedroom plus den, 3-bath and 3-car garage new construction home. Step inside to 14-foot ceilings, 8-foot doors, tall baseboards, coffered details, impact windows and doors and 24" x 24" porcelain tile flooring throughout. Kitchen features soft-close cabinetry, under-cabinet lighting, tile backsplash, functional range hood, quartz countertops and a striking Cambria Quartz island. An oversized walk-in pantry provides exceptional storage and organization. The first-floor primary suite is a private retreat featuring a tray ceiling, two generous closets and direct access to the lanai. The primary bath offers dual sinks, glass-enclosed tiled shower and separate soaking tub. Two additional guest bedrooms including one with its own en-suite full bath. All bedrooms feature custom ventilated hardwood closet shelving. The versatile den, enhanced by soaring ceiling, offers the perfect space to create a home office, fitness room, reading retreat or flex space tailored to your lifestyle. Step outside where a picture-frame screened lanai showcases the pool and spa and offers access to a full bath. The lanai is pre-plumbed for your customized outdoor kitchen. New seawall in 2023. Additional features include a whole-house reverse osmosis system, paver driveway and no HOA restrictions. Enjoy a location near the new Tropicana Park and Crystal Lake Park, offering a beach area, aqua park, scuba area, picnic pavilions, playground and launch access for boats, kayaks and canoes. The home is also near the Gulf Gateway Resort and Marina Village within the Seven Islands development, envisioned to bring additional waterfront dining, shopping and recreational opportunities. Convenient access to both Southwest Florida International Airport and Punta Gorda Airport. Make this waterfront lifestyle yours, where backyard fishing, boating adventures and relaxed Florida living are right outside your door.

Home features

Bedrooms
3
Bathrooms
3
Living area
2,314 sqft
Garage
3-car
Pool
Pool & spa
Waterfront
Canal Access
Lot
0.23 acres
Stories
1
Year built
2025

Property details

MLS #
1179295428
Status
Pending
MLS status
Pending
Property type
Single-family residence
Subdivision
CAPE CORAL
Listed
Aug 7, 2026
Days on market
42
ZIP
33993
County
Lee County
Water
Well
Sewer
Septic Tank

Location

Open in Maps
LS

Listing agent

Lisa Sivertsen

John R. Wood Properties

Call

The data relating to real estate for sale on this website comes in part from the Southwest Florida MLS. Real estate listings held by brokerage firms other than the listing broker are marked with the IDX logo. Information deemed reliable but not guaranteed. © 2026 Southwest Florida MLS. Listing courtesy of John R. Wood Properties.

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